This is to inform you that the Securities Committee of the Board of Directors of the Company vide a resolution passed on August 12, 2025, has allotted 69,397 equity shares of face value of Re. 1 each of the Company under various Schemes of ESOP 2016, to the eligible grantees, pursuant to exercise of stock options granted thereunder.
MARICO · price
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Marico's Securities Committee allotted 69,397 equity shares (face value Re. 1 each) on August 12, 2025, to eligible employees who exercised stock options under the Marico Employee Stock Option Plan, 2016. The shares were issued in four tranches at different exercise prices: Rs. 346.04 (10,400 shares), Rs. 372.10 (26,000 shares), Rs. 520.96 (1,250 shares), and Rs. 545.34 (31,747 shares). As a result, the company's paid-up share capital rose from Rs. 129.78 crore to Rs. 129.79 crore, an increase of about 0.005%. The company clarified that this allotment is not material in nature.
This is a routine ESOP allotment with negligible dilution (0.005% increase in share count), so it is unlikely to have any meaningful impact on the stock price or existing shareholders' value.